Oil's energy contribution has declined by about 12% since 1999. The world's economies have also declined by about 12%. (Using conventional metrics, which are time delayed determinations, this will only be seen in hind sight). The massive destruction of asset values now occurring testifies to it happening.
Peak is well behind us, world economies have peaked and will continue to decline.
Posted: Thu Sep 18, 2008 9:27 pm Post subject: Image and Words - Ben and Henry.
Christopher Dodd described the meeting tonight as "sober" gathering.
Take a look at this pic - does this look like a bunch of guys who are discussing the end of the world as we know it:
_________________ Massive Human Dieoff must occur as a result of Peak Oil. Many more than half will die. It will occur everywhere, including where you live. If you fail to recognize this, then your odds of living move toward the "going to die" group.
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